SOUTHFIELD, Mich. (AP) _ Credit Acceptance Corp. (CACC) on Monday reported fourth-quarter net income of $217.6 million.

The Southfield, Michigan-based company said it had net income of $14.60 per share.

The auto financing company posted revenue of $463.2 million in the period.

For the year, the company reported profit of $958.3 million, or $59.52 per share. Revenue was reported as $1.86 billion.

Credit Acceptance shares have declined 22% since the beginning of the year. In the final minutes of trading on Monday, shares hit $539.56, an increase of 40% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CACC at https://www.zacks.com/ap/CACC

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